HOUSTON, May 15, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE:MRC), (the "Company"), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced the Company's issuer credit rating has been upgraded to "B" from "B–" by S&P Global Ratings ("S&P"). S&P based its ratings upgrade in part due to the Company's ability to address its upcoming Term Loan B maturity with cash on hand, expected stron ...

Have you looked into how MRC Global (MRC) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this energy products distributor, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must und ...

MRC Global Inc. (NYSE:MRC) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Monica Broughton - Vice President, Investor Relations and Treasury Rob Saltiel - President and CEO Kelly Youngblood - Executive Vice President and CFO Conference Call Participants Tommy Moll - Stephens Nathan Jones - Stifel Chris Dankert - Loop Capital Markets Ken Newman - KeyBanc Capital Markets Operator Greetings, and welcome to MRC Global's First Quarter 2024 Earnings Conference Call. [Operator Instruc ...

MRC Global Inc. (MRC) reported first-quarter 2024 adjusted earnings of 20 cents per share, which beat the Zacks Consensus Estimate of 11 cents. However, the bottom line declined 37.5% year over year.Total revenues of $806 million surpassed the consensus estimate of $752 million. Yet, the top line decreased 8.9% year over year due to lower volume of sales in the Gas Utilities and Production & Transmission Infrastructure (PTI) sectors.Revenues by Product LineBased on MRC’s product line, revenues from carbon p ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO _______ Commission file number: 001-35479 MRC GLOBAL INC. (Exact name of registrant as ...

Exhibit 99.1 MRC Global Announces First Quarter 2024 Results Houston, TX – May 8, 2024 – MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end- markets, today announced first quarter 2024 results. Net income attributable to common stockholders for the first quarter of 2024 was $13 million, or $0.15 per diluted share, as compared to the first quarter of 2023 net income attributable ...

Wall Street expects a year-over-year decline in earnings on lower revenues when MRC Global (MRC) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. On the oth ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-35479 MRC GLOBAL INC. (Exact name of registrant as specified in its charter) Delaware 20-5956993 (State or Other J ...

MRC Global Inc. (NYSE:MRC) Q4 2023 Earnings Conference Call February 14, 2024 10:00 AM ET Company Participants Monica Broughton - Vice President, Investor Relations and Treasury Rob Saltiel - Chief Executive Officer Kelly Youngblood - Executive Vice President and Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Ken Newman - KeyBanc Capital Markets Chris Dankert - Loop Capital Max Kane - Stephens Inc Operator Greetings and welcome to the MRC Global's Fourth Quarter 2023 Earnings Con ...

2 Forward Looking Statements Non-GAAP Disclaimer This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Words such as "will," "expect," "look forward," "guidance," "targeted", "goals", and similar expressions are intended to identify forward-looking statements. Statements about the company's business, including its strategy, its industry, the company's future profitability, the company's guidance on its sales, Adjust ...